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Emerald Technologies Addresses New Tariff Imposed on Goods Originating from China
February 18, 2025 | Emerald TechnologiesEstimated reading time: 1 minute
Emerald Technologies is closely monitoring the recent announcement of an additional 10% tariff on all goods originating from China. This tariff, effective February 4, 2025, will be applied in addition to existing tariffs on Chinese goods, such as those imposed under Section 301.
As outlined in the White House Fact Sheet published on February 1, 2025, this tariff is being imposed under the authority of the International Emergency Economic Powers Act (IEEPA). While a detailed list of HTS codes is not yet available, it is expected that the tariff will be applied based on the country of origin methodology currently used for Section 301 and other special tariffs.
Emerald Technologies will be passing these additional tariffs on to customers. We will notify you of any cost increases using your established process or work with you to set one up if needed.
Strategies for Tariff Mitigation:
- Identify Country of Origin: We encourage our customers to carefully review the country of origin for all components. Identifying alternative sourcing options may help mitigate the impact of these tariffs.
- Explore Alternative Manufacturing Locations: Emerald Technologies operates a fully operational facility in Penang, Malaysia, which can serve as an alternative manufacturing location for customers seeking to diversify their supply chains beyond China.
Emerald Technologies remains committed to supporting our customers in navigating this evolving trade environment. We will continue to monitor the situation closely and provide updates as new information becomes available.
We encourage you to reach out to your Program Manager with any questions or to discuss strategies for mitigating the impact of these tariffs on your specific business needs.
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